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US land rig count hits 931

The US land rig count reached 931 today, a seven-rig increase from last week, according to the Baker Hughes weekly rig count. The number of rigs drilling offshore in the US increased by one this week, hitting 24. This puts the total US rig count at 958.

There are now 766 rigs in the US drilling for oil and 192 drilling for gas.

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